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WMG | Warner Music Group Corp. Stock Overview

(Stock Exchange: NASDAQ)
Day's Range 28.99 - 30.21
52 Week Range 27.06 - 38.05
Beta 1.42
Implied Volatility 29.30%
IV Rank 37.45%
Day's Volume 1,967,170
Average Volume 2,278,793
Shares Outstanding 517,919,103
Market Cap 15,589,365,000
Sector Communication Services
Industry Entertainment
IPO Date 2020-06-03
Valuation
Profitability
Growth
Health
P/E Ratio 28.94
Forward P/E Ratio N/A
EPS 1.04
1YR Price Target N/A
Dividend Yield 2.48%
Dividend Per Share 0.75
Dividend ExDate N/A
Dividend PayDate N/A
Employees 5,900
Country USA
Website WMG
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.
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Analyzing fundamentals for WMG we got that it has weak fundamentals where Valuation is considered to be slightly overvalued, Profitability is moderate, Growth is on medium level and Health is frighteningly weak. For more detailed analysis please see WMG Fundamentals page.

Watching at WMG technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, but short-term trend is bullish. More technicals details can be found on WMG Technicals page.
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